Valuation: MACATAWA

Market Cap 51Cr 45Cr 42Cr 38Cr 72Cr 4.88TCr 73Cr 493.1Cr 193.18Cr 2.41TCr 191.16Cr 187.04Cr 8.34TCr P/E 2022
10.9x
P/E 2023 8.95x
Enterprise Value 8.97Cr 7.88Cr 7.35Cr 6.75Cr 13Cr 859.54Cr 13Cr 87Cr 34Cr 424.86Cr 34Cr 33Cr 1.47TCr EV / Sales 2022
-3.8x
EV / Sales 2023 -0.31x
Free-Float
97.04%
Yield 2022
2.9%
Yield 2023 2.93%
3 years 8.31
Extreme 8.31
15.16
5 years 6.96
Extreme 6.96
15.16
10 years 6.01
Extreme 6.01
15.16
Date Insider Type Main position Quantity % Market Cap.
01/08/24 Issuer sale

Director

75,702 0.2203%
01/08/24 Issuer sale

Director

28,077 0.0817%
01/08/24 Issuer sale

Director

12,702 0.0370%
Change 5-day change 1-year change 3-year change Capi.($)
-0.87%-.--%-.--%+47.46% 51Cr
+0.31%+5.44%+19.65%+129.02% 95TCr
+0.79%+3.64%+29.25%+95.99% 44TCr
+0.96%+3.52%+20.85%+98.92% 39TCr
-0.18%+4.57%+61.56%+141.07% 35TCr
+1.56%+5.55%+10.00%+106.56% 31TCr
+1.11%+1.23%+65.44%+130.02% 29TCr
+1.30%+3.61%+16.70%+92.58% 27TCr
-0.46%+0.63%+3.02%+89.80% 26TCr
-3.63%+5.41%+69.73%+239.30% 26TCr
Average +0.02%+2.71%+29.62%+117.07% 35.2TCr
Weighted average by Cap. +0.15%+3.40%+30.38%+123.38%

Financials

2022 2023
Net sales 9.13Cr 8.02Cr 7.48Cr 6.87Cr 13Cr 874.94Cr 13Cr 88Cr 35Cr 432.47Cr 34Cr 34Cr 1.5TCr 11Cr 9.25Cr 8.63Cr 7.93Cr 15Cr 1.01TCr 15Cr 102Cr 40Cr 499.02Cr 40Cr 39Cr 1.73TCr
Net income 3.47Cr 3.05Cr 2.85Cr 2.61Cr 4.9Cr 332.87Cr 4.98Cr 34Cr 13Cr 164.53Cr 13Cr 13Cr 569.13Cr 4.32Cr 3.8Cr 3.54Cr 3.25Cr 6.1Cr 414.27Cr 6.2Cr 42Cr 16Cr 204.77Cr 16Cr 16Cr 708.31Cr
Net Debt -72Cr -64Cr -59Cr -55Cr -102.2Cr -6.94TCr -103.94Cr -701.58Cr -274.86Cr -3.43TCr -271.99Cr -266.12Cr -12TCr -42Cr -37Cr -34Cr -32Cr -59Cr -4.02TCr -60Cr -406.26Cr -159.16Cr -1.99TCr -157.5Cr -154.1Cr -6.88TCr
Logo MACATAWA
Macatawa Bank Corporation is a bank holding company of its subsidiary, Macatawa Bank (the Bank). The Bank offers a range of banking, retail and commercial lending, wealth management and e-commerce services to individuals, businesses and governmental entities. It operates a network of approximately 26 full-service branch offices providing a range of commercial and consumer banking and trust services in Kent County, Ottawa County, and northern Allegan County, Michigan. It offers loan products to business customers, including commercial and industrial and commercial real estate loans, construction and development loans, and multi-family and other non-residential real estate loans. It also offers loans products to retail customers, such as residential mortgage and consumer loans. It offers a range of deposit services, including checking accounts, savings accounts and time deposits of various types. It also offers trust services, which includes personal trust and retirement plan services.
Employees
314
Sector
Banks
  1. Stock Market
  2. Stocks
  3. MCBC Stock